Real Estate
NEPI Raises EUR100M Capital In Book Build Launched Wednesday
South-African investment fund New Europe Property Investment (NEP.RO) has raised around EUR100 million in a capital hike and has closed its book build launched earlier Wednesday.
Grand Omnia Center In S Romania, Valued At EUR55M, The Most Valuable Asset Of Winmarkt Network
Grand Omnia Center in Ploiesti (southern Romania) is the most valuable asset of the 14 shopping centers of Winmarkt network owned by Italian company Immobiliare Grande Distribuzione (IGD) in...
NEPI Seeks To Raise EUR80M Capital To Invest In Romania And Serbia
South-African investment fund New Europe Property Investment (NEP.RO) seeks to raise EUR80 million through the issue of new shares to finance the acquisition of retail centers Aurora Shoppin...
Lidl Raises Offices And A Store On Former Bread Plant Site In Bucharest
The building of Baneasa plant in northern Bucharest was demolished to make room for an office building and a store German retailer Lidl is set to erect on one quarter of the five-hectare plo...
First Home Program Gets Additional Funding Of RON400M
The guarantee budget for the government-backed mortgage lending First Home program has been raised by an additional RON400 million.
Volumetric Sold 10,000 Of Land In Central Romania For Construction Of Billa And Penny Stores
Spanish realtor Volumetric, which owns lands of nearly 40,000 sqm in Romania’s cities of Brasov, Bucharest and Pitesti for the development of residential projects, sold over 10,000 sqm of it...
NEPI Invests EUR6M To Renovate Shopping Mall In Buzau
South-African investment fund New Europe Property Investment (NEPI) will invest EUR6 million in renovating Aurora shopping mall in Buzau, bought this summer from businessman Dan Ostahie, joi...
Romanian Developer Invests EUR30M In Luxury Residential Project In Bucharest
Local real estate developer SKV Properties has started construction works on a EUR30 million luxury residential project near the Herastrau Park in Bucharest.
AFI Palace Cotroceni Operator Saw EUR29.1M Profit In 2013
Cotroceni Park SA, the operator of the AFI Palace Cotroceni mall, one of the key shopping destinations in Bucharest, posted EUR29.1 million net profit last year, five times higher than in 20...